It has been noticed that a large chunk of start-up stories are from Chennai. A study by TiE Chennai has revealed that the last two years have seen angel investors fund 18 city start-ups and a chunk of these funds allocated for the enterprise software and online space.
In all, 32 start-ups have received venture-capital funds in the last year, and TiE says a few more companies could be in line for more.
So, is the city all set to be India’s next start-up hub? Jude Sannith of CNBC-TV18 has all the details.For more details, watch video
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